Sanditov, Bulat - Vienna University of Economics and Business Research … - 2004
strength of local effects. In the ‘caveman’ world local cohesion
is at maximum: within the local community all agents are … effect is rather
clear. In a network with high local cohesion, such as 1-lattice, cascades emerge almost
independently in …’ communities which makes the
whole world one local community (k increases and approaches to N), which would lead
to convergence to …